Press Releases

July 01, 2013

Estes Express Lines Announces General Rate Increase

To our valued customers:

At Estes, we are committed to providing you with a shipping experience that allows you to manage your supply chain with confidence. Each year, we have to evaluate the rising cost of business and the investments required to maintain our ability to provide you with optimal service. This year, in addition to the rising costs of necessary investments in technology, labor and equipment, we must also consider the impact of the fees and taxes associated with the new healthcare legislation. We know that many of our customers are facing similar monetary pressures, which is why we are implementing only a modest price increase that averages 3.7%, effective July 8, 2013.

Please note that our continued investments in technology have enabled us to moderate our increase by improving employee productivity. However, the driver shortage continues to be a major source of concern. The American Trucking Associations estimates that our industry has a shortage of roughly 20,000–25,000 drivers—and this figure could rise due to government regulation and escalating wages needed to hire safe, qualified drivers and to maintain our low driver turnover.

Keeping all of the above in mind, our principal goal is always to continue on in a stable fiscal environment and to provide affordable, effective services by carefully balancing costs and income. Using this methodology, Estes will be able to remain a reliable resource that you can count on to provide the services you need, when you need them.

Updated rates will be available for download from our website, on the PC Rater Download page, beginning July 1, 2013. For individual rate quotes, please call your local Estes terminal or contact one of our rating specialists at 866-ESTES4U (866-378-3748), press 12. As always, feel free to call your Estes sales representative with any questions.

We appreciate your understanding and thank you for allowing Estes to be your transportation services provider.

Sincerely,

Paul J. Dugent
Estes Express Lines
Vice President, Pricing

About Estes Express Lines

Richmond, VA-based Estes is a full-service freight transportation provider offering an entire range of shipping solutions including LTL, Time Critical, Volume & Truckload, Global and Custom Solutions. Founded in 1931 by W.W. Estes and still owned by the Estes family, the company has grown from a small, local carrier into one of the most respected total-solutions providers in the industry.